Sinosoft

Core insurance IT systems for Chinese carriers

Core Administration Enterprise Public

Overview

Sinosoft Technology Co., Ltd. is a core insurance IT systems provider serving carriers across China and Asia. Founded in 1996 as a spin-out of the Institute of Software at the Chinese Academy of Sciences, the company develops and delivers policy administration, core life and property insurance systems, CRM platforms, and regulatory compliance software for insurance companies and enterprise clients.

The company's flagship product is a cloud-native distributed core life insurance system deployed on Huawei Cloud IaaS/PaaS infrastructure. This system supports carriers undertaking core system upgrades using a cloud-native and platform architecture. Sinosoft's portfolio also spans property and casualty core systems, business intelligence tools, document management, and e-government applications across 14 industry verticals.

Sinosoft holds approximately 80% of core insurance system deployments in China and has won approximately 90% of core system upgrade project bids in recent years. The company has approximately 19,900 employees, is listed on the Shanghai Stock Exchange (stock code: 603927) since 2019, and has expanded to Asian markets including a partnership with Dhipaya Insurance in Thailand. It ranked No. 42 in the IDC FinTech Rankings Top 100 and No. 50 in the China software/IT market (CITIF 2021).

Products & Services

Core Life Insurance System

A cloud-native distributed core life insurance platform deployed on Huawei Cloud. Designed for carriers undertaking core system upgrades, the system uses a cloud-native and platform strategy combining IaaS and PaaS services.

Key Features

Cloud-native distributed architecture
Huawei Cloud IaaS/PaaS integration
Supports core system migration and upgrades
AI-enhanced underwriting and claims settlement modules

Target Users: Life insurance carriers in China and Asia

Core Property Insurance System

A comprehensive solution for property and casualty insurance carriers, integrated with the company's broader software ecosystem including CRM, compliance, and analytics tools.

Key Features

Policy administration and billing
Integration with regulatory reporting systems
Business intelligence and analytics
Claims settlement support

Target Users: P&C carriers in China

Enterprise Software Suite

A broader suite of software products spanning customer-facing portals, financial management systems, document management, auditing, and workflow automation tools. Covers 14 business verticals including healthcare, government, media, energy, and financial institutions.

Key Features

CRM and customer portal systems
Regulatory compliance and e-government solutions
Carbon management and ecology software
Image management and official automation systems

Target Users: Insurance companies, government agencies, financial institutions

At a Glance

Founded: 1996
Headquarters: Beijing, China
Employees: 1000+
Funding: Public

Category & Focus

Category: Core Administration
Subcategories: Core Policy Administration Life Insurance Core Systems P&C Core Systems CRM Regulatory Compliance Business Intelligence
Insurance Verticals: Life & Annuity P&C Personal P&C Commercial Health
Target Customers: Carriers